Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Opportunitiesfor
theOffshoreIndustry
in Brazil
inBrazil
June18,2013
DISCLAIMER
FORWARD-LOOKING STATEMENTS
The presentation may contain forward-looking
statements about future events within the meaning
of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, that are not
based on historical facts and are not assurances of
future results.
Such forward-looking statements
merely
l reflect
fl t the
th Companys
C
currentt views
i
and
d
estimates of future economic circumstances,
industry conditions, company performance and
financial results. Such terms as "anticipate",
"believe", "expect", "forecast", "intend", "plan",
"project", "seek", "should", along with similar or
analogous expressions, are used to identify such
forward-looking statements. Readers are cautioned
that these statements are only projections and may
differ materially from actual future results or
events. Readers are referred to the documents filed
by the Company with the SEC, specifically the
Companys most recent Annual Report on Form 20F, which identify important risk factors that could
cause actual results to differ from those contained
in the forward-looking statements, including,
among other things, risks relating to general
g crude
economic and business conditions,, including
oil and other commodity prices, refining margins
and prevailing exchange rates, uncertainties
inherent in making estimates of our oil and gas
reserves including recently discovered oil and gas
reserves, international and Brazilian political,
economic and social developments, receipt of
OIL
AND
GAS
InvestmentsintheCountryCatalyzetheShipbuildingand
OffshoreIndustry:
US$107.6billion
21.1
2.9
(4%)
3.5 1.0
(5%) (1%)
(16%)
5.6
25.4
(8%)
(19%)
31.2
83.6
(64%)
16.3
89.9
(12%)
(68%)
(44%)
15 2
15.2
US$
107.6 bi
(21%)
12.1
(17%)
Production Development
Exploration
Infrastructure and Support
Expansion of Fleet
Petrochemicals
Biofuels
Constructionof132Units:DrillingRigs,Stationary
ProductionUnits(SPU)andTankers
Priority: OIL PRODUCTION, Brazil: 2.022 4.200 mbpd
2
SPU
3
SPU
7
SPU
1/1
SPU
10/10
4/4
2/2
Rigs
1 Tanker
2,022
(1 unit
delivered)
2011
3/3
Tankers
3/7
SPU
3
SPU
1
SPU
7
SPU
7
Rigs
1/1
Rig
(20 units
delivered)
(4 units
delivered
and 7 to be
delivered)
2012
2013
(11)
7
Rigs
6
Tankers
5
Rigs
7
Rigs
3
Tankers
2
Rigs
8
SPU
5
Tankers
4.200
2
Tankers
5
Tankers
8
Tankers
8
Tankers
8
Tankers
2.500
(11)
(9)
(23)
(20)
(16)
(17)
(10)
2014
2015
2016
2017
2018
2019
2020
MajorShipyardsandGantriesw/TradeRelationswith
Petrobras
MainShipyardsinBrazil
Flexibilityinconcessionagreements
Atlntico Sul (PE)
Partners:CamargoCorraandQueirozGalvo
MarMediterrneo
(since2005)
TechnologyPartner:Ishikawajima
UnitUnderConstruction:
P62
Contracts:
6drillingrigs(Sete Brasil)
Brasfels (RJ)
Onwnership /Technology:KeppelFELS Singapore(inBrazilsince2000)
RecentUnitsbuilt:P57,P56andFPSOCidade deSoPaulo
UnitsUnderConstruction:
FPSOCidade deParaty
P61
Contracts:
6drillingrigs(Sete Brasil)
Modulesintegrationofthe
FPSOs forthePresalt
Quip
Partners:QueirozGalvo,UTCEngenharia
and Iesa (since 2005)
Recent unit built:P53
UnitsUnderConstruction:
Units Under Construction:
P55(modulesintegration)
P62
DeckmatingconclusionperformedbyQUIPinRio
P63
GrandeShipyard.Theoperationwastheheaviest
P58
structureeverliftedintheworld(17thousandtons)
RioGrandeShipyard
Partners:EcovixEngevix
(created in2010)
UnitsUnderConstruction:
8FPSOHulls(forthePresalt)
P55(Topside)
Contractsfor3drillingrigs(Sete
Brasil)
MainShipyardsinBrazil
NewshipyardsthatwillincreasetheBraziliancapacity
17 new shipyards currently under construction, getting license or
MarMediterrneofinancing approved by FMM (some capable of building platforms, rigs
and tankers)
EnseadadoParaguau(BA)
Partners:Odebrecht,OASandUTC(70%)
Technology:Kawasaki Japan(30%)
Contracts:
P59
P 59
P60
6 drillingrigs
Jurong Aracruz(ES)
( S)
Ownership:SembCorp Marine(SCM)from Singapore
ConstructionworksstartedinDec/11.
Experience:Sembcorp
p
p MarinealreadyoperatesinBrazil
y p
inexistingshipyardsfornearly14years,havingbuiltP
50,P54,P43,P40,P38
Contracts with Petrobras:
7 drillingrigs
ModulesintegrationfortheFPSOsforthePresalt
Modules integration for the FPSOs for the Presalt
EstaleiroInhauma (RJ)
PetrobrasleasedInhama shipyardto
Companhia Brasileira deDiques CDBfor
20years.
Contracts forthe Transfer of Rights (with
Odebrecht,OASand UTC):
P74:hull
P75:hull
P76:hull
P77:hull
P74
Source:SINAVAL
1
3
BrasFels Shipyard - RJ
2
3
Mau Shipyard - RJ
4
2
3
Estaleiro Atntico Sul (Ipojuca-PE): Construction of the Zumbi dos Palmares ship in dry dock and integration of P-62 on the shipyard dock (08/29/12).
(1)
P-62: Integration of the FPSO to the 15 modules, including 3 built in EAS, 7 in the UTC gantry and 5 in the Nuclep gantry
(2)
Zumbi dos Palmares SHIP of Suezmax type (2nd Lot's Ship of PROMEF 1) in dry dock; (3)Panel manufacturing workshops and pre-assembly of block,
(4)
Future area for construction of 7 Setebrasil's rigs ; (5) Future area of Estaleiro Promar, responsible for building the batch of 8 Promef Phase 2's gas tankers.
Agenda
Lula Pilot
On stream since Oct
Oct/2010
/2010
FPSO Cidade de Angra dos Reis
Baleia Azul
On stream since Set/2012
FPSO Cidade de Anchieta
Sapinho Pilot
On stream since Jan/2013
FPSO Cid
Cidade
d d
de So
S Paulo
P l
Lula NE
1st Oil in May/2013
FPSO Cidade de Paraty
PetrobrasVessels
Currentandprojectedfleet
FutureDemand(20132020)
2020StrategicPlanning
CriticalResources
TankerVessels(DWTx1000t)
FutureSituation
March/13 AccumulatedValues(1)
Situation
By2017
By2020
16,000
19,000
24,500
LargeSupplyBoats*
216
313
358
ProductionUnits(SSandFPSO)
50
72
84
DrillingRigs(SWD>2.000m)
41
44
54
(1) Thefuturesituationof2020doesnotreflectthesumofthecurrentsituationwithfuture
demand,astherearevesselswhosecontractsexpireby2020.Thisdemandmayberevised
asnecessary.
(2) FutureDemandincludeshireddemand,demandsinhiringphaseandyettobehired
demand.
+ 88 Tanker Vessels
+88TankerVessels
+198LargeSupply
Boats
+36Production
Units
+28DrillingRigs
Significantequipmentdemandmapping:
Historicallyimportedequipmentwithpotentialtoattractforeignsuppliers
Historically imported equipment with potential to attract foreign suppliers
Equipmentproducednationallybutwithpotentialbottlenecksinproductioncapacity
Source:Transpetro;PNG201317;Petrobras(E&PSERV/USCONTandABLO/TM)
*AHTS,ORSV,PSV
DrillingRigs
Fleetincreaseby2020
PetrobrasDrillingRigsStartupTimeline
+14
Drillingrigsconsideredforthe
g g
f
equipmentdemandanalysis
Equipmentdemandnot
yetaddressedforthe28
drillingrigstobedelivery
by 2020
by2020
+8
Exampleofequipmentwith
potentialfornationaldevelopment
+7
+4
+4
+5
+1
ConstructionSite
Source:Petrobras;Sinaval
Abroad
Brazil
28DerrickStructure
28Travelingequipment
28ChokeandKillManifold
28setsofRisers
28BOP(parcial)
28 t El t i l System
28setsEletrical
S t
168MainDieselGenerators(parcial)
28Emergencygenerators
84DeckCranes
168Azimut Thrusters
2,716Pumps
840HVACSystem
28Accomodation
*Beingnegotiated.Estimatewillbeconfirmedatthecontractsigning
TankerVessels
Fleetincreaseby2020
PetrobrasFleetGrowthProgramwith
BrazilianVessels
PROMEFIandII
EBNIandII
49Vesselsby2020
39Vesselsby2017
12Products
8LPG
3Bunkers
14Suezmax
8Aframax
4Panamax
26Products
6Bunker
7LPG
4 deliveredVesselsand21Vesselsinadvancedstageof
construction
24Vesselsinhiringphaseorinitial
constructionphase
37Vesselsinhiringphaseorinitial
constructionphase
Equipmentdemandnotyetaddressedfor61Vessels(by2020)
Exampleofequipmentwithpotentialfornationaldevelopment
72LifeBoats+Davit
53InertGasGenerationUnit
1.830AccomodationCabines
Source:Transpetro;Petrobras(ABLO/TM)
LargeSupplyVessels
Fleetincreaseby2020
CurrentPetrobrasFleet
AHTS
MaintenenceTOs+DMAs+NewProductionUnits
Instalation+FPSO`sandNTsOperation
OSRV
FutureDemand
Quantity
55
+198LargeSupplyVessels
by2020
36
Oil R
OilRecovery
(almostthesamequantityasthecurrent
PSV
fleet 216)
125
GeneralCargo+Oil+Bulk+Cement
TS
Tugs+OilRecovery
LH
SOSStandby+HandlingSpy(messenger)
SV
SOS Standby
SOSStandby
UT/P
EmergencyCargo/Passenger
Source:E&PSERV/USCONT
21
30
4
38
Exampleofequipmentwithpotentialfornational
development
198OffshoreandProvisionCranes
198VacuumSewageSystems
396RescueBoats
55 700 M
55,700ManualOperatedValves
lO
t dV l
44,550tonofPiping
4,800tonofFitting
Information:
Investor Relations
+55 21 3224-1510
petroinvest@petrobras.com.br
investors@petrobras com
investors@petrobras.com
www.petrobras.com.br/ir
17